In this solo episode of the Empowered Team Podcast, host Kari Schneider dives into the concept of Present Bias, the cognitive tendency to prioritize immediate rewards over long-term goals. Kari explains how this bias can lead to procrastination and short-term thinking, negatively impacting both personal and professional growth. She shares compelling stories, including examples from business income patterns and late-night Netflix binges, to illustrate the impact of Present Bias.
Kari offers actionable strategies to overcome this bias, such as practicing delayed gratification, strengthening emotional connections to one's future self, and using commitment devices. She also highlights the importance of incremental progress tracking and reward substitution to align immediate actions with long-term objectives. This episode is packed with valuable insights and practical tips to help listeners achieve sustainable success.
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